Page 2 - Resignations

Wipro's leadership crisis gets more severe with Thierry Delaporte's exit

While analysts and industry watchers saw Delaporte's exit coming, it was not expected to be this abrupt, this soon

Zee Entertainment lays off 50% employees at Bengaluru's tech unit

The plan will optimise the resources and arrive at a cost-effective structure to drive continued growth for the company

Jharkhand Guv gets charge of Telangana, Puducherry as Soundararajan quits

Governor of Jharkhand C P Radhakrishnan has been appointed Governor of Telangana and Lieutenant Governor of Puducherry by President Murmu, until regular arrangements are made

Sunil Chemmankotil to step down as CEO of TeamLease Digital Pvt Ltd

Neeti Sharma would be the new CEO of TeamLease Digital with effect from March 26

Samajwadi Party MLA resigns as chief whip amid Rajya Sabha elections

Manoj Kumar Pandey's resignation comes a day after Pandey and 7 other SP MLAs skipped a party meeting convened by SP Chief Akhilesh Yadav

Goodricke MD Atul Asthana decides to step down; cites personal reasons

"The Group made profits up to 2022. It's only in 2023 a loss was reported mainly due to depressed price realisation," said Asthana

Ashok Chavan resigns from Congress ahead of 2024 Lok Sabha elections

Chavan may join the Bharatiya Janata Party (BJP) following his resignation form Congress

NARCL MD & CEO Natarajan Sundar quits, Canara Bank CGM on deputation

Sundar was with State Bank of India before taking charge at NARCL

Vogt resigns as CEO of Cruise over questions of safety of self-driving cars

Kyle Vogt has resigned as CEO of Cruise, General Motors' autonomous vehicle unit, as questions build about the safety of self-driving cars. Vogt's decision to step down, announced late on Sunday, follows a recent recall of all 950 Cruise vehicles to update software after one of them dragged a pedestrian to the side of a San Francisco street in early October. The California Department of Motor Vehicles revoked the license for Cruise. The company earlier announced it had paused operations for a review by independent experts. The results of our ongoing reviews will inform additional next steps as we work to build a better Cruise centred around safety, transparency and trust, the company said in a statement. We will continue to advance AV technology in service of our mission to make transportation safer, cleaner and more accessible. Cruise won approval to transport fare-paying passengers last year. Since then, the autonomous vehicles have drawn complaints for making unexpected, ...

Wipro is not alone, several Indian IT companies are facing a CXO churn

As experts at predicting business and industry growth, some CXOs might decide to switch companies or even sectors, or explore newer markets, innovative offerings, and fresh business models

Over a dozen employees at realme India quit to join former CEO Sheth

Over a dozen employees, including some senior executives, are learnt to have resigned from smartphone maker realme India, two sources aware of the development said. Both sources confirmed that the employees have quit to join former realme CEO Madhav Sheth in his new organisation Honor Tech. "There is Mass resignation at Realme India as several employees, including top directors, have joined Madhav Sheth at Honor Tech," according to a source. Senior officials who have resigned include former Realme Director Sales Dipesh Punamiya, who joined as AVP at Honor Tech in July. An email query sent to realme did not elicit any reply. Realme co-founder Sheth resigned from the company last month after five years of stint to start a new venture related to exports.

Pernod Ricard's India head of corporate affairs Yashika Singh quits

Singh, who headed corporate affairs for the Indian market, with focus on regulatory matters, including related to manufacturing and government policy, resigned last week

AI threatens jobs but more than a quarter of workers still plan to quit

The study found that more than one in four (26%) unspecialised office workers, like administrative assistants, are looking to change jobs in the next 12 months, up from 19% a year ago

Toxic bosses biggest reason for Indian employees quitting jobs: Report

86% of employees state that they plan to leave their jobs in the coming six months citing toxic bosses, hostile work environments, and low wages their reason shows Harappa Insights report

Mamata demands Shah's resignation over comments in Birbhum rally last week

Last week, at a rally, Shah had said that if BJP wins in 35 out of 42 seats in the state in the 2024 Lok Sabha elections, then the Trinamool Congress government will collapse even before 2025

South Indian Bank plunges 17% as MD & CEO opts out of reappointment

The board said it considered the request of Murali Ramakrishnan, Managing Director & CEO, not to offer himself for re-appointment due to personal reasons/family circumstances.

Five senior executives leave Nykaa; company calls it business as usual

Nykaa rivals conglomerates such as Tata and Reliance both of which have interests in the beauty products industry

New Zealand PM Jacinda Ardern resigns, says won't seek re-election

Ardern doesn't have the energy or inspiration to seek re-election later this year, she told reporters Thursday in Napier where her Labour Party is holding a caucus meeting

Suhail Sameer steps down as Bharatpe CEO; Nalin Negi to be interim leader

Fintech has sued a former co-founder, has seen exit of other senior executives over the months

Zomato co-founder, chief technology officer Gunjan Patidar resigns

His exit is the latest in a string of high-profile resignations in recent times